Spg Foundation Inc
- Assets
- $1.8m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, NY
- Founding
- Data as of
- 12/2021
- EIN
- 85-1625224
Organization Overview
Spg Foundation Inc is located in Monroe, NY. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spg Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Spg Foundation Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $193.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Spg Foundation Inc has awarded 25 individual grants totaling $194,104. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isacher Ostreicher Officer | 1 | $0 | |
Shimon Gertner Officer | 1 | $0 | |
Aharon Ostreicher Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,309 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,125 |
| Total Revenue | $1,011,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2 |
| Total operating and administrative expenses | $3,502 |
| Contributions, gifts, grants paid | $189,890 |
| Total expenses and disbursements | $193,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $599,500 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $13,125 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,200,585 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,813,210 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Spg Foundation Inc has awarded $189,890 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $168,000 |
Airmont, NY PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $15,000 |
BNOS CHANA VIEN PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $3,600 |
CONG YETEV LEV OF MONROE PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $1,800 |
THE CHESED FUND PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $500 |
CONG OHEL MORDECHE D'TOSH PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |
Mary Haven Center Of Hope Port Jefferson, NY | $26,765,963 | $57,662,471 |